Several lawmakers from the treasury and the opposition benches in the National Assembly on Tuesday last expressed concern over construction of dams by India on the waters of Pakistan, they cautioned the government that water issue was even more serious than terrorism and required immediate measures to tackle it. Some of the speakers alleged that India was conspiring to make Pakistan barren. The legislators from both the sides of …

  CNG was introduced in Pakistan to counter high price of fuel. As a new business venture, many businessmen opened CNG stations to reduce the cost of transportation. Import of CNG kit became a wide market and gained popularity in the transport industry. Introduced in mid 1990s no one predicted the issues arising out of CNG supply, which we witnessing today. As the price of fuel based on international oil …

  Prime Minister Nawaz Sharif and former President Asif Ali Zardari finally inaugurated the work on the Sindh Engro Coal Mining (SECMC) project, a joint venture between government of Sindh and Engro Corporation. This marks the beginning of not only clean coal extraction from Thar Coal Block II, however, inauguration also reflects the complete political consensus on Thar Coal, as a sustainable indigenous solution for Pakistan’s energy security. The initial …

  New energy and infrastructure projects in the pipeline The socio-economic and political stability of a country is deeply linked with the strong and stable leadership. If the leaders and their vision is strong and linked with the good or bad of the people, no matter what ever the situation the things are sure to take a shape sooner or later. Pakistan despite having enormous energy resources and a strong …

  One of the most inexpensive energy resources in the country, having the potential to not only make the energy sector self-sufficient but to turn Pakistan into a power exporting country is coal . Around 41 percent of electricity generation is accounted through coal all over the world. Recently, China has agreed to set up four coal fired power stations in Balochistan at the Gadani Power Corridor. This announcement was …

  “Now won’t you give some bread to get the starving fed? We’ve got to relieve Bangladesh. Relieve the people of Bangladesh. We’ve got to relieve Bangladesh.” On August 01, 1971, ex-Beatle George Harrison alongwith legendary Sitar maestro Ravi Shankar organized two Concerts for Bangladesh at the Madison Square Garden in New York City where Harrison sang for the first time his hymn titled Bangladesh. This lamentation galvanized the world …

  State Bank of Pakistan (SBP) has released data of lending by financial institutions to farmers for the six months period ending December 31, 2013. On the face value it appears that the financial institutions have achieved 44% of the indicative lending trend. However, a deeper probe suggests that challenges like high non-performing loans, inadequate infrastructure and overall security and macroeconomic conditions are the reasons for the lackluster performance. The …

  It is often said that share of agriculture in Pakistan’s GDP has reduced to less than one-fourth, which is partly right and partly wrong. The key reason is that the country has failed in achieving higher value additions in the sector. With the reduction in average income of rural population there has been huge migration to urban areas, which has its own repercussions. Therefore, there is a need to …

  For Pakistan, the agricultural sector has always held great significance. The country has always had a great deal of potential in terms of the agricultural sector and at the time of independence as well, it was considered to be a country whose economy centered on this particular sector. As industrialization occurred in Pakistan and the birth of industries began, the economy of the country began to diversify. Despite this …

  The automobile industry is considered as the mother of engineering industry instrumental in building up all the developed economies to the current status. It is, however, unfortunate that the situation in Pakistan is quite different and instead of building up our own automobile industry, the policy makers have a visible leaning towards imports of used cars on the pretext of controlling price inflation in the automotive industry. In fact …